Tclarke Share Discussion Threads

[hvs] 20/3/2012 09:15

Me is 6 years old and I is still buying , online and all.

U just sit there on the fence , be craeful though I knows all about humpty dumpty.

[goliard] 20/3/2012 08:33

hvs, 'you is quite obviously still not buying'. How old are you?

[goliard] 20/3/2012 08:29

Agreed. An MBO or bid does seem like a prospect here although they are really on a PE of 10 when you factor in the pension liabilities. I would buy if the price drops further and the problem is that it could still drop. Does seem like a fair price for now though and a bid at 65p might move major shareholders out if a purchaser can see value at that price.

[hvs] 20/3/2012 08:26

No worries here I is still buying.

[ch4rles bronson] 20/3/2012 08:21

Could look very cheap if margins, contract wins improve, fwd p/e 6 could prove a steal. A predator may take a look at the current depressed share price level, Costain are very cash rich and on the look out for bolt-ons.

[goliard] 20/3/2012 08:19

The only reason the dividend looks good now is that the share price has fallen so far from when you first bought hvs.

[hvs] 20/3/2012 07:43

Good set of results and juicy divi . I like this :

Looking ahead, we are well positioned. In uncertain times the strength of our reputation is shining through. We are trusted by our clients and we continue to work alongside the top-tier of developers on many of the highest profile projects in the UK. As a result, our order book is strong and we are pleased with the diversity of our revenues. We have an encouraging number of opportunities to tender for projects across the full range of our eight target sectors. In conclusion, we remain optimistic that we will continue to drive the business forward."

[goliard] 20/3/2012 07:30

Profit before tax was GBP4.9 million, including a GBP2.1 million profit on the sale of land. They also have circa £10m of a pension liability.

Seems fairly valued at present, but will benefit from any upturn in sentiment in the market. Very thin margins and little prospect of that changing any time soon. No compelling reason to buy, but probably worth holding and taking the dividend. Overall looks ok.

[asagi] 20/3/2012 07:28

I am hoping the market takes a view that goes 'is this is bad as it can get'. Still, nothing really jumps out at me suggesting a recovery is underway. On the other hand, there is no warning on the full year either and forecasts are for a similar performance in 2012.

Asagi (long CTO)

[huttonr] 20/3/2012 07:15

Results not as bad as I feared, but I see that £2.1M profit is from property sales (approx 40% of total profit) so the real margins are very thin - it will be interesting to see how the markets view these figures.

[asagi] 20/3/2012 07:11

results very much in-line, Outlook broadly unchanged from the last statement.



Asagi (long CTO)

[zeuseq] 15/3/2012 21:18

...on second thoughts have you considered using you hard earned paper round money to purchase a 3p Lidl carrier bag which may I suggest you place over your head and breathe in deeply!

...the World will be a better place for all concerned.

[zeuseq] 15/3/2012 21:12

hvs you are indeed are jovial amiable chap for all your shortcomings in life that are plain for all to see,... have you considered a lobotomy?

[hvs] 15/3/2012 18:33

lol !!!!!

lol !!!!!!

I is still buying.

[zeuseq] 15/3/2012 15:25

Hope value alone will not be enough, signs the business is viable is needed.

All that said many stocks have risen 25% since Dec. gl.

[ch4rles bronson] 15/3/2012 08:59

Dare I say the chart although maybe still in a down channel is forming a bowl formation having bottomed out over the last 3 months. Any sign of stabilisation in trading and even a hint of better times ahead the share price could recover sharpish into the 60's and beyond, it would still look good value with eps of c.7-8p and on and improving trend.

We live in hope!

[zeuseq] 13/3/2012 10:32

hvs I take you have been laughing out loud as you have been buying all the way down from 100+p?

[hvs] 13/3/2012 09:36

lol !!!!!

lol !!!!!

concersn concerns concerns

[zeuseq] 13/3/2012 09:32

My concern is possible margin erosion as desperation sets in to win contracts at any cost and balance sheet strength or should I say lack of it,..will the begging bowl be passed around soon?

[mark1000] 07/3/2012 11:19

I might be if I see the directors buy (sensible amounts) but if their not interested I am not interested.

[goliard] 05/3/2012 13:30

copyright - exactly right IMO, but as willsy50 says, many bids are coming in very low in this sector. CTO have previously said that they won't bid low on work, so it will be interesting to see where they end up. Very likely that we hear more cautious words from them as there is little to be happy about in the sector at present, but I did hear something last week about an improvement in construction generally.

Some idiots on this board who are nursing heavy losses and post total rubbish, so good to see some decent comment.

[copyright] 05/3/2012 12:54

full year 2011 results announced Tuesday 20th March 2012.

don't expect any good news or bad news.

order book and dividend amount will be interesting to hear.

40p seems to be a bit of a support level.

any sniff of good news could send the share price soaring.

let's hope for the unexpected, fall from 150 to this level with no real bounce is a bit undeserved.

all down to weak management and lack of news and poor and badly timed and overpriced acquisitions of late. let's see how they are performing.

[willsy50] 28/2/2012 21:44

Not a deramp, but the whole M&E sector is struggling at the moment.
My employer MJN Colston one of the top eight contractors went into administration last week.
One hopeful indicator however is that the number of tenders have increased, and the consultants are busy.
The only problem is that clients have got so used suicide bidding, that even when jobs come in under budget, they think they're paying too much.